Chesapeake is a beautiful city in the heart of Hampton Roads, known for its diverse natural landscapes, rich cultural offerings, and strong sense of community. Enjoy the Great Bridge Battlefield and Waterways History Foundation, the Chesapeake Arboretum, and the Dismal Swamp Canal Trail for culture and history. In addition, you have the Tidewater Community College and Regent University for high-quality education and a range of academic choices.

For those who love the great outdoors, explore the Great Dismal Swamp National Wildlife Refuge, Northwest River Park, and Oak Grove Lake Park. Discover the excitement of sports through the Chesapeake Suns, a local baseball team. Chesapeake also offers a range of dining experiences, from classic American cuisine to worldwide dishes, making it perfect for food lovers. Throughout the year, the city comes alive with various events and festivals that showcase the city's unique character, including the Chesapeake Jubilee, the Wine Festival, and the Art Walk.

Chesapeake is a fantastic place to call home, offering a high quality of life, diverse cultural offerings, and easy access to all the Hampton Roads region has to offer.

Rental Market Trends

Chesapeake, VA

As of July 2025, Chesapeake's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Chesapeake's average rent is 3.8% ($71) lower than the Virginia average of $1,845 and 0.1% ($1) lower than the U.S. average of $1,775.

Average Rent

$1,774

Monthly ChangeMonth Over Month Change

1.5% ($27)

Yearly ChangeYear Over Year Change

6.6% ($125)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,403	4.4% ($65)	4.4% ($64)
2 Beds	$1,665	2.8% ($48)	1.1% ($19)
3 Beds	$2,015	3.4% ($72)	4.2% ($89)

Nearby Cities	Average Rent	Avg. Rent vs. ChesapeakeAverage Rent vs. Chesapeake	Avg. Days on MarketAverage Days on Market
Portsmouth	$1,584	10.7% ($190)	25 days
Norfolk	$1,840	3.7% ($66)	27 days
Virginia Beach	$1,696	4.4% ($78)	33 days
Suffolk	$1,856	4.6% ($82)	38 days
Carrollton	$1,707	3.8% ($67)	37 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Chesapeake Rental Market FAQs

Explore rental prices, market trends, and availability in Chesapeake, VA.

What is the average rent in Chesapeake, VA?

The average rent in Chesapeake, VA is $1,774 per month.

What is the rental price range for apartments in Chesapeake, VA?

Apartments in Chesapeake typically rent for between $982 and $2,620 per month, with an average of $1,774 per month.

What is the average rent for different bedroom sizes in Chesapeake, VA?

In Chesapeake, the average rent for a 1-bedroom apartment is $1,403 per month, for a 2-bedroom apartment, $1,665 per month, and a 3-bedroom apartment is $2,015 per month.

How do rent prices in Chesapeake, VA compare with the national average?

The average rent in Chesapeake is 0.1% ($1) lower than the national average of $1,775 per month.

How have rent prices in Chesapeake, VA changed recently?

The average rent in Chesapeake has decreased by 1.5% ($27) in the last month and decreased by 6.6% ($125) over the past year.

How competitive is the rental market in Chesapeake, VA?

The rental market in Chesapeake, VA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Chesapeake, VA?

In Chesapeake, VA, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Chesapeake, VA?

There are currently 88 rental properties available in Chesapeake, VA.

Can I afford to rent an apartment in Chesapeake, VA?

Based on the current averages, a household would need an annual income of $66,600 to comfortably afford a 2-bedroom apartment in Chesapeake.